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Forecasting August 23, 2019
E-Cigarette and Vaporizer Market Overview:
The Global E-cigarettes and vaporizer market is expected to grow at a CAGR rate of over 25.0% over the period of 2016 to 2021. E cigarettes & vaporizers have emerged as a popular alternatives to traditional consumption methods for tobacco and other substances' consumption. Market Research Future, a firm which specializes in market reports related to Food, Beverages & Nutrition sector among others, recently published a report on this market.
E cigarettes have been growing in popularity and demand in recent times due to extensive word of mouth popularity and promotion through popular culture. Increase in number of cancer cases due to cigarette consumption has prompted migration of demand to this sector. Rise in number of individuals wanting to quit smoking has also considerably increased the demand for this industry.
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Key Players Analysis
Gamucci Electronic Cigarettes
Electronic Cigarettes International Group
Fin Branding Group LLC
Altria Group INC
Ballantyne Brands LLC
British American Tobacco Plc (Bat)
Bull Smoke INC
Clearette Electronic Cigarette Co
The E-Cigarette and Vaporizer Market has been segmented on the basis of product type and region.
By product type the types are disposable e-cigarette, rechargeable e-cigarette, ego and tanks, personal vaporizers and mods and others.
On the basis of region the market includes regions such as North America, Europe, Asia Pacific and Others.
Dec 2017 Juul Labs, a San Francisco-based company is raising $150 million in its first financing as an independent company. They have already reeled in $111.5 million from 23 investors, according to a filing with the SEC. Juul Labs had quietly spun out of vaping company Pax Labs and has quickly catapulted up the charts to become the top e-cigarette producer on the market.
Browse the E-Cigarette and Vaporizer Market Data and Information @ https://www.marketresearchfuture.com/reports/e-cigarette-vaporizer-market-788
Related Report @ https://communalnews.com/2019/07/13/e-cigarette-vaporizer-market-booming/
Related Report @ https://www.reuters.com/brandfeatures/venture-capital/article?id=118032
Currently, North America is the largest consumer of E-Cigarettes & Vaporizer in the world market. It is closely followed by Europe. Although, China began as the first market for E-Cigarettes & Vaporizer, the U.S. and developed markets from Europe became the prime consumers of E-Cigarettes & Vaporizer, due to which these two regions collectively account for over 80% of the world market. APAC will be growing at the fastest CAGR, accounting for more than 20% of the global e-cigarette market value by 2021. Significant revenue flow will be observed from China and India over the forecast period.
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